HS Icon Electric Furnaces in  Flag Norway

2020
Exports | Imports
: $29.4M | $32.3M, World Rnk 23 / 148
Flag Rnk 205 / 1184 | World Rnk 33 / 210
Flag Rnk 382 / 1209

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $864k | $3.8M, Denmark |  Germany

2020
ECONOMIC COMPLEXITY of Norway
: 0.71, Rnk 36 / 127

2020
PRODUCT COMPLEXITY  IN Electric Furnaces
: 1.6, Rnk 39 / 1029

Exports In 2020, Norway exported $29.4M in Electric Furnaces, making it the 23rd largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 205th most exported product in Norway. The main destination of Electric Furnaces exports from Norway are: United States ($6.22M), Germany ($3.81M), China ($3.6M), Sweden ($3.55M), and United Kingdom ($1.81M).

The fastest growing export markets for Electric Furnaces of Norway between 2019 and 2020 were Denmark ($864k), Finland ($714k), and Sweden ($490k).

Imports In 2020, Norway imported $32.3M in Electric Furnaces, becoming the 33rd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 382nd most imported product in Norway. Norway imports Electric Furnaces primarily from: Germany ($9.76M), Czechia ($3.32M), Italy ($3.01M), United Kingdom ($2.85M), and Romania ($2.81M).

The fastest growing import markets in Electric Furnaces for Norway between 2019 and 2020 were Germany ($3.8M), Czechia ($1.77M), and Italy ($1.09M).

Subnational Monthly Trade

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The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $29.4M

IMPORTS (2020): $32.3M

NET TRADE (2020): -$2.95M

In 2020, Norway exported $29.4M in Electric Furnaces. The main destinations of Norway exports on Electric Furnaces were United States ($6.22M), Germany ($3.81M), China ($3.6M), Sweden ($3.55M), and United Kingdom ($1.81M).

In 2020, Norway imported $32.3M in Electric Furnaces, mainly from Germany ($9.76M), Czechia ($3.32M), Italy ($3.01M), United Kingdom ($2.85M), and Romania ($2.81M).

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Flow

THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Norway WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Norway WERE (2019 - 2020):

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Market Concentration

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In 2020, Norway's main exporting competitors in Electric Furnaces were:

In 2020, Norway's main importing competitors in Electric Furnaces were:

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